Weingarten Realty Investors (NYSE:WRI) – Research analysts at Capital One Financial dropped their FY2017 earnings per share estimates for shares of Weingarten Realty Investors in a research note issued to investors on Monday. Capital One Financial analyst C. Lucas now forecasts that the real estate investment trust will post earnings of $2.44 per share for the year, down from their prior estimate of $2.45.

WRI has been the subject of several other research reports. ValuEngine cut Weingarten Realty Investors from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Boenning Scattergood raised Weingarten Realty Investors from an “under perform” rating to a “neutral” rating in a research note on Thursday, December 14th. Zacks Investment Research cut Weingarten Realty Investors from a “hold” rating to a “sell” rating in a research note on Saturday, February 10th. Jefferies Group set a $33.00 target price on Weingarten Realty Investors and gave the stock a “hold” rating in a research note on Friday, December 15th. Finally, JPMorgan Chase & Co. decreased their target price on Weingarten Realty Investors from $35.00 to $34.00 and set a “neutral” rating for the company in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Weingarten Realty Investors has a consensus rating of “Hold” and a consensus price target of $33.50.

Shares of Weingarten Realty Investors (WRI) opened at $26.70 on Thursday. Weingarten Realty Investors has a one year low of $25.96 and a one year high of $36.78. The company has a market capitalization of $3,472.71, a P/E ratio of 11.08, a P/E/G ratio of 2.82 and a beta of 0.53. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.22 and a current ratio of 1.22.

A number of institutional investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in Weingarten Realty Investors in the fourth quarter valued at approximately $320,000. Verition Fund Management LLC grew its stake in Weingarten Realty Investors by 62.5% in the fourth quarter. Verition Fund Management LLC now owns 18,433 shares of the real estate investment trust’s stock valued at $606,000 after acquiring an additional 7,089 shares during the period. Millennium Management LLC grew its stake in Weingarten Realty Investors by 41.1% in the fourth quarter. Millennium Management LLC now owns 968,489 shares of the real estate investment trust’s stock valued at $31,834,000 after acquiring an additional 281,977 shares during the period. Flinton Capital Management LLC grew its stake in Weingarten Realty Investors by 29.9% in the fourth quarter. Flinton Capital Management LLC now owns 8,192 shares of the real estate investment trust’s stock valued at $269,000 after acquiring an additional 1,888 shares during the period. Finally, Meadow Creek Investment Management LLC grew its stake in Weingarten Realty Investors by 29.9% in the fourth quarter. Meadow Creek Investment Management LLC now owns 11,264 shares of the real estate investment trust’s stock valued at $370,000 after acquiring an additional 2,596 shares during the period. 79.29% of the stock is owned by hedge funds and other institutional investors.

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About Weingarten Realty Investors

Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers.

Earnings History and Estimates for Weingarten Realty Investors (NYSE:WRI)

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